USDCHF under the negative pressure – Analysis - 24-07-2017
Economies.com
2017-07-24 03:43AM UTC
The USDCHF pair continues its strong decline to break the bearish channel's support and settles below it, which supports the continuation of our bearish overview efficiently in the upcoming period, and the way is open to visit our next main target at 0.9347.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions supported by the EMA50, noting that holding below 0.9495 represents the first condition to continue the expected decline.
Expected trading range for today is between 0.9400 support and 0.9500 resistance.
Expected trend for today: Bearish
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